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Can growth arise without development? Growth is just one feature of development and therefore is an essential but not enough condition for economic development. For example, g
What is Frictional unemployment Individuals who are temporarily unemployed when transiting between jobs or just entering labour market. This kind is typically short in durat
Table Summary of results from the ADF test Test Number Oil GDP Interest rate Inflation Unemployment Exc
Buckley (2009) writes that the UK was in recession for several short periods during this time, which placed further emphasis on researchingrelationships between the price of oil an
What is the impact on the economy if price ceiling or price floor were removed? Ans) Price ceiling is government system or laws setting price floors or ceilings that forbid the
Question: Table below shows the recent trends in terms of consumption. (a) (i) Explain what is meant by the term ‘marginal propensity to consume' (MPC) and the ‘averag
How to calculate credit multiplier with the value of deposit, reserves requirement and loan
I would like to know if you guys take up online tests?
is/lm curve
Assume that a Mazda 2 sells for 16,000 Australian dollars in Australia and 10,000 Canadian dollars in Canada If purchasing-power parity holds, what is the Canadian dollar/Australia
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